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AXT Reports Q3 Revenue of $73.4 Million

AXT reported Q3 revenue of $73.4 million. The headline cites a FactSet estimate of $66.0 million.

AXTI
SquawkNews Desk 1 updates Updated Oct 29, 2026, 08:29 PM UTC

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08:29:50 PM UTC
SquawkNews
AXT reported record third-quarter 2026 revenue of $73.4 million, up 162% year over year, driven by strong demand for indium phosphide material. GAAP net income attributable to AXT was $25.7 million, or $0.39 per diluted share, compared with a year-ago net loss. Non-GAAP diluted earnings per share w…

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